Industrial Automation Magazine India

VIAVI releases 2022 Environmental, Social, and Governance (ESG) Report

Published on : Saturday 03-09-2022

The company describes initiatives to operate sustainably and generate long-term value in the 2022 ESG Report.

Bangalore, September 2, 2022 – Viavi Solutions has released its 2022 Environmental, Social, and Governance (ESG) Report, covering the company’s global operations for fiscal year 2022. The 2022 ESG Report follows the company’s inaugural sustainability report in 2020 and the second report in 2021, and describes the ways in which VIAVI continues to work to integrate and embed sustainability into its strategy and operations. The 2022 ESG Report contains the results of the company’s inaugural ESG Priority Assessment, which guides VIAVI’s overall ESG strategy by identifying the environmental, social, and governance topics that have the greatest impact on its business strategy, success, and ability to generate long-term value. The 2022 ESG Report also includes the company’s disclosures aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and additional data regarding carbon dioxide (CO2) emissions, energy consumption, human capital management, and other relevant topics.

Environment: VIAVI promotes environmentally friendly practices and strives to conduct its business in a sustainable manner.

Social: The VIAVI culture is made up of the diverse contributions of 3,600 employees worldwide representing more than 30 self-identified nationalities working across 30 countries. VIAVI is committed to promoting and maintaining a diverse and inclusive work environment and offering equal opportunities to everyone.

Governance: VIAVI furthered its commitment to the highest standards of business ethics and corporate governance through the implementation of business practices, tools, training, and communications.

“Over the past few years, and through the uncertainties of the Covid-19 pandemic, VIAVI has taken steps to further strengthen our ESG initiatives, including embracing the practices and behaviors that create the right environment for people to succeed,” said Oleg Khaykin, President and CEO, VIAVI. “We will remain focused on helping our customers succeed, creating a more inclusive workforce, and making our business more sustainable in the years ahead, and believe that steadfast focus on our ESG initiatives accelerates our ability to deliver on these promises,” said Richard Belluzzo, Board Chair, VIAVI.

https://www.viavisolutions.com/en-us/news-releases/viavi-describes-initiatives-continue-operate-sustainably-and-generate-long-term-value-2022